With three titles, three dwellings, two frontages and a feasibility study that shows scope for 41 apartments (Subject to Council Approval), the deal's been done.... this approx 2,055sqm property adds up to Bentleigh's biggest bundle! Bundled as a complete package with a deep second frontage to Barry St, each property offers individual accommodation in the short term with three separate brick homes (most with garages) offered in readily rentable condition with a combined prospective return of $1,500 -$1,600pw and very flexible settlement terms. Zoned for high density, on the edge of the Moorabbin business, retail and transport district, this super-site has rail and bus transport within two blocks, the city within a direct 22 minute commute and a ready rental base at nearby Holmesglen institute. Look to the proximity to the Moorabbin development hub, consider the feasibility and build to a budget to meet the demand of your chosen market - from student living, to luxury downsizers. With a significant parcel of land all bundled up and ready to go ...there's a bundle to be made here!
